Business Ideas for 2020 Without Much Capital
Due to economy status, having a side business is really important. It means while doing your normal job, you can still handle this at the side. In this post, I will be listing out the top 2020 Business Ideas with little capital both online and offline.
As an entrepreneur we want to try something new which will bring profit to us, they are so many small businesses that requires little capital. Business ideas vary, and not every idea should be implemented. They are businesses that will suit who you are and align with your passion. I will advise you look through the business plan/fundamentals and see what you have to offer before getting to it.
As an entrepreneur, I have ventured into business that aligns with my passion and who i am. I will probably write an article on starting a business that aligns with who you are and what you want in life.
The list consists of Top 10 Business Ideas that you can easily comprehend with. They are Top Shortlisted most researched about Business Ideas for 2020.
But in this post, I will be listing out Top 10 Business Ideas for 2020 without much capital.
Don't forget to share the business that as worked for you with little capital in the comment section.
1. Small Business Consulting
2. Affiliate Marketing
If you have a platform or know how
to advertise/ market product, you can affiliate with a company to drive traffic
for a particular product and earn certain commission by promoting the product.
Having a platform like a large Instagram followers, YouTube channel can make
the job easier and interesting. Firstly reach out to companies that accept
affiliate marketing, send a mail indicating your interest and if accepted,
negotiate on the percentage for the commission and whatever offers it entails
and start advertising. The more effort you put, the more attention you draw to
the product, Also you can build a brand for influencing or Affiliating.
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3. Video Editing
Do you have skills or passion for editing, are you good at playing around with video editing tools. its time you start using it to make some money for yourself. Having a good video to promote any kind of product is now a selling point in the market, videos easily attract prospective customer and in short time explains all want you or your company is all about. Everyone wants to put effort into getting the best video quality and effect to promote their business. people are putting out video Ads, creating video for content, for YouTube and so many. With so many free and affordable tools, you can start editing videos and get paid while doing what you love.
4. Entrepreneur Source Plug
If you know an online store/e-commerce store that sells products of different varieties at affordable prices. You can start up a source plug service by linking the customers to the online store that has what they want. This is different from affiliate marketing, you don't have to negotiate with the seller, all you have to do is to link your client to any online store that can provide the product they need with a good price, fix a service charge for any information or link-up you give clients. kindly make sure you verify the online store or the seller before giving out any information.
5. Travel Consultant
If you love travelling and have been to few countries resort and you find those places fun for people to visit. You can create Travel Tours to those places. it gives you more access to explore, more room for adventure and make money from having fun. You don't have to start with big countries. Creates Facebook groups, invite friends and friends friend, post attractive travel packages.
6. Skin Care Business
2019 recorded a lot of entrepreneurs who went into skincare and made huge profit. And trust me 2020 skincare is hitting the market with a big force, so get prepared. If you have skills or have a way to learn about Skincare Business, grab the opportunity and learn. Generally, women don't joke with their skin, so any means of getting the skin glow is what they look out for. You don't have to start with much capital. And make sure you are getting the practice from a Tested and Trusted source, you won't want to spoil your business and your reputation.
7. Beard Oil
The most popular niche in 2020, I foresee it already, don't say i didn't tell you. Approximately 42 percent of men in Nigeria grow beards, which is a huge market. They are many success stories of entrepreneurs venturing in Beard Oil. Find an online store, company that offers quality beard oil and at a good price. You can even re-package for your own brand, that is if the company agrees with such arrangement. Starting selling online, to friends, co-workers. The market is large so make sure you put effort into the packaging and marketing.
8. Drive For Uber
In Nigeria, Uber Driving has become one of the fairly lucrative ways to earn as a side business. You get to work only when you want, flexible and confident side job. Before thinking of becoming an Uber Driver, you should have in mind you need a car for uber. If you don't have one, most 9-5 workers who have cars are using the medium to also make little money for themselves instead of just parking the car at the office. So if you have anyone in mind you believe can drop his/her car, talk to them, negotiate. Bear in mind, they may ask for some document to prove your worthiness.
9. Ads Specialist
Everyday thousands of people are putting out Ads to promote their business. If you have learned the techniques of putting out Ads to give your clients the best service, I will implore you to start using it as a side business. You could use that Ads technique you know to create an Ad showing how effective and efficient your Ad techniques are and can give your prospective clients the best reach and outcome for their business. Your Ads should be able to cover/reach a high range of prospective clients to show the strength of your technique.
10. YouTube
YouTube records a high number of people in 2019 creating video content. YouTube pays for every viewed Ad on your videos. Firstly you need is to pick a niche, that is what kind of content do you want to make in your videos, then you will need a phone or camera, which ever is fine for you to use. Also, research on most viewed videos to help develop the kind of niche to venture in.
I hope this list will help in its little way. They are so many businesses out there but don't just jump into any because you heard someone made it big in the business. You can also make it big in the business but firstly evaluate and plan the business out before venturing into it.
I will also advice you think out-side the box before venturing in any business, develop your own technique to build a convenient business for you.
Kindly share your thought on the Business Ideas listed and which as worked for you or which you are going to try.
Disclaimer: Reviews on Entrepreneurbizspot.blogspot.com is based on our independent research. Users review and comments are contributions from there opinions and Entrepreneurbizspot.blogspot.com is not affiliated with user reviews.
5. Travel Consultant
If you love travelling and have been to few countries resort and you find those places fun for people to visit. You can create Travel Tours to those places. it gives you more access to explore, more room for adventure and make money from having fun. You don't have to start with big countries. Creates Facebook groups, invite friends and friends friend, post attractive travel packages.
6. Skin Care Business
2019 recorded a lot of entrepreneurs who went into skincare and made huge profit. And trust me 2020 skincare is hitting the market with a big force, so get prepared. If you have skills or have a way to learn about Skincare Business, grab the opportunity and learn. Generally, women don't joke with their skin, so any means of getting the skin glow is what they look out for. You don't have to start with much capital. And make sure you are getting the practice from a Tested and Trusted source, you won't want to spoil your business and your reputation.
7. Beard Oil
The most popular niche in 2020, I foresee it already, don't say i didn't tell you. Approximately 42 percent of men in Nigeria grow beards, which is a huge market. They are many success stories of entrepreneurs venturing in Beard Oil. Find an online store, company that offers quality beard oil and at a good price. You can even re-package for your own brand, that is if the company agrees with such arrangement. Starting selling online, to friends, co-workers. The market is large so make sure you put effort into the packaging and marketing.
8. Drive For Uber
In Nigeria, Uber Driving has become one of the fairly lucrative ways to earn as a side business. You get to work only when you want, flexible and confident side job. Before thinking of becoming an Uber Driver, you should have in mind you need a car for uber. If you don't have one, most 9-5 workers who have cars are using the medium to also make little money for themselves instead of just parking the car at the office. So if you have anyone in mind you believe can drop his/her car, talk to them, negotiate. Bear in mind, they may ask for some document to prove your worthiness.
9. Ads Specialist
Everyday thousands of people are putting out Ads to promote their business. If you have learned the techniques of putting out Ads to give your clients the best service, I will implore you to start using it as a side business. You could use that Ads technique you know to create an Ad showing how effective and efficient your Ad techniques are and can give your prospective clients the best reach and outcome for their business. Your Ads should be able to cover/reach a high range of prospective clients to show the strength of your technique.
10. YouTube
YouTube records a high number of people in 2019 creating video content. YouTube pays for every viewed Ad on your videos. Firstly you need is to pick a niche, that is what kind of content do you want to make in your videos, then you will need a phone or camera, which ever is fine for you to use. Also, research on most viewed videos to help develop the kind of niche to venture in.
I hope this list will help in its little way. They are so many businesses out there but don't just jump into any because you heard someone made it big in the business. You can also make it big in the business but firstly evaluate and plan the business out before venturing into it.
I will also advice you think out-side the box before venturing in any business, develop your own technique to build a convenient business for you.
Kindly share your thought on the Business Ideas listed and which as worked for you or which you are going to try.
Disclaimer: Reviews on Entrepreneurbizspot.blogspot.com is based on our independent research. Users review and comments are contributions from there opinions and Entrepreneurbizspot.blogspot.com is not affiliated with user reviews.
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